🔹Match transaction with books / Explain a transaction

Explaining a transaction helps to match the bank transaction with SimpleAccounts account. Moreover, it aids in accurate auditing to give insightful reports. E.g., Profit and Loss Report.

To match transactions with books:

• Go to Banking --> Bank Account.

• Click on bank account number for which you need to explain transaction.

• Click on Not Explained under Status of the transaction.

• Enter the Transaction type and Category.

• Click on Explain